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reduction mostly through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck, so the lack of progress has not yet resulted in a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the presiden
reduction mostly through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be...
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but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right. republicans even top republicans, say the tax rates are going to almost certainly go up. but on this question of the debt ceiling, the government reaches the limit of how much money it can borrow in february. republicans say they will exact a price for that. they want spending cuts, if they can't get exchange for the tax increases. they will raise the debt ceiling. >> the president saying he's not going to negotiate on that, either. >>> now, to a major headline for parents about a popular affordable baby recliner. a federal agency is suing the maker of the nap nanny, claimi
but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right....
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in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any further on limiting the growth of entitlement spending. >>
in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to...
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this week, we have heard many warnings against using them. it appears some have been worried -- lived and the bigger concern was that some may have been mixed into the form you could use for actually dropping them as a weapon. we do not know how urgent that problem is. there have been conflicting reports. certainly you have not heard president obama repeat the warning against using them. i think that is because they do not have a lot of leverage for getting in those places. they have to depend on surrogates. >> if you think where they have more leverage, with egypt, are they urging leaders to delay a vote on this constitution? >> it would seem they are urging the president to rethink the kind of declarations he made. he has been saying to the west, this is temporary and then he puts a constitutional change which would seem to be strong. the irony is that president obama, having contributed to helping push mubarak out, is now facing the same problem that his predecessors felt in dealing with mubarak himself, what to do you do when you need an
this week, we have heard many warnings against using them. it appears some have been worried -- lived and the bigger concern was that some may have been mixed into the form you could use for actually dropping them as a weapon. we do not know how urgent that problem is. there have been conflicting reports. certainly you have not heard president obama repeat the warning against using them. i think that is because they do not have a lot of leverage for getting in those places. they have to depend...
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after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper
after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and...
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>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow through in less than a week. the latest round of flooding rain drenched the area yesterday, knocking down giant trees and leaving nearly 100,000 people without power. high winds overturned tractor trailers. abc's cecilia vega shows us what it looked like in california wine country. >> reporter: this is a storm that slammed the west coast from washington all the way down to the san francisco bay area. and this, take a look at it, one of the hardest hit regions, vineyards all over napa valley under water right now. >> a much dryer day is on tap across northern california, but just after midnight, get this, a fourth st
>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow...
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he is also refusing to cancel next week's vote on a new constitution. president obama spoke with morsi yesterday via phone, calling the violence unacceptable. >>> and back here at home, we get a new snapshot of the economy this morning, when the government releases its jobs report for the month of november. it's believed that several factors combined seriously hampered last month's hiring. among them, concerns about the looming fiscal cliff. and other factors, as well. abc's tahman bradley has that story from washington. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we g
he is also refusing to cancel next week's vote on a new constitution. president obama spoke with morsi yesterday via phone, calling the violence unacceptable. >>> and back here at home, we get a new snapshot of the economy this morning, when the government releases its jobs report for the month of november. it's believed that several factors combined seriously hampered last month's hiring. among them, concerns about the looming fiscal cliff. and other factors, as well. abc's tahman...
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we begin tonight with the president's plan for the week. >> on monday, president obama hits the road again. this time going to redford michigan where he will continue his campaign to put pressure on lawmakers in order to prevent taxes from going up on the middle class. also we will be standing by to see if the white house makes any cabinet nominations especially who will replace secretary of state hillary clinton when she steps down. >> i am alison kosik at the new york stock exchange. it's an elite index made up of the 100 biggest nonfinancial companies on the market. and we will also get november retail sales and expectations are high because of a record-breaking black friday weekend. and meantime, a new outlook on the economy. and fedex preparing for its busiest day in history and the company expect to move 19 million packages monday as people rush to make online purchases for christmas. >>> and here's what we are watching this week. "showbiz tonight" is counting down the most provocative celebs fothe entire year. it's the showbiz countdown that can't be missed. >>> the bombing of
we begin tonight with the president's plan for the week. >> on monday, president obama hits the road again. this time going to redford michigan where he will continue his campaign to put pressure on lawmakers in order to prevent taxes from going up on the middle class. also we will be standing by to see if the white house makes any cabinet nominations especially who will replace secretary of state hillary clinton when she steps down. >> i am alison kosik at the new york stock...
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today the obama administration will recommend seniors be careful before signing one. new starbucks likely coming to a neighborhood near you, planning to open 1500 more cafes over the next five years, averaging two ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> good morning. 5:14. live look san francisco looking across the bay into oakland and east bay, something is happening in the east bay. yes! the raiders game! [ laughing ] >> that was too easy. >> hosting the broncos and peyton manning. >> should be a good one. we'll check in with mike. >>> developing news in the search for a nevada couple reported missing after driving
today the obama administration will recommend seniors be careful before signing one. new starbucks likely coming to a neighborhood near you, planning to open 1500 more cafes over the next five years, averaging two ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey....
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the president and house speaker have not met face to face in at least three weeks. and here is oklahoma senator, tom coburn. >> so will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about spending cuts begin. >>> a cloud of political uncertainty hanging over venezuela. president hugo chavez announced that his cancer has return and he's traveling to cuba for surgery for a third time. this time, the 58-year-old leader, named the vice president as his choice to replace him in case something were to happen to happen. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shootout with the man who reportedly opened fire earlier on several people, three of whom died. his two young daughters were wounded, and police chased the suspect and said he shot at them, too. no word yet on what prompted his rampage. >>> the national menorah in front of the white house, ill
the president and house speaker have not met face to face in at least three weeks. and here is oklahoma senator, tom coburn. >> so will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about spending cuts begin. >>> a cloud of political uncertainty hanging over venezuela. president hugo chavez announced that his cancer has return and he's...
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>> there's no upside if we go over the cliff and what you've seen the last couple of weeks is political theater. that's how we negotiate things here in washington d.c. and the good news, the president put forth a plan and republicans have put forth a plan and i believe that obama will have to come to the table with more spending cuts and entitlement reform and republicans might have to give in to some tax increases and the cbo do a recent report, saying if republicans get what they want in extending the entire bush tax cut plan. it would only increase the gd growth by 1.5%. if we do what president obama wants to do, it will only increase the gdp by 1.25%, having said that, it's just not about tax cuts, doug, it's more about cutting wasteful government spending. >> i was going to ask doug about that. doug, would you admit. since we have a democrat in the white house and also, the senate is democratically controlled. would you agree and how much is there of wasteful spending in washington? >> oh, there's a lot of wasteful spending, it's been around for before president obama was in office
>> there's no upside if we go over the cliff and what you've seen the last couple of weeks is political theater. that's how we negotiate things here in washington d.c. and the good news, the president put forth a plan and republicans have put forth a plan and i believe that obama will have to come to the table with more spending cuts and entitlement reform and republicans might have to give in to some tax increases and the cbo do a recent report, saying if republicans get what they want...
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. >>> and a top republican may be among president obama's choice for his reshuffled cabinet. former senator chuck hagel of nebraska is said to be on the short list for secretary of defense. the president is expected to announce his nominees in the next two weeks. >>> and looking frail and also in a wheelchair, former senator bob dole made a surprise appearance last night on capitol hill, just days after being released from the hospital. dole was pushing for passage of a u.n. treaty guaranteeing equal rights for the disabled. but his efforts were in vain. republicans blocked approval of the treaty, saying it threatens national sovereignty. >>> also, a political passing announced overnight. long-time texas congressman, jack brooks has died. you can see brooks in this very famous photograph of lbj being sworn in as president aboard air force one. he is standing just behind a grief-stricken jackie kennedy. brooks died last night in beaumont, texas, after a sudden illness. he was 89 years old. >>> overseas, now, where thousands of protesters remain in cairo's tahrir square, follow
. >>> and a top republican may be among president obama's choice for his reshuffled cabinet. former senator chuck hagel of nebraska is said to be on the short list for secretary of defense. the president is expected to announce his nominees in the next two weeks. >>> and looking frail and also in a wheelchair, former senator bob dole made a surprise appearance last night on capitol hill, just days after being released from the hospital. dole was pushing for passage of a u.n....
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. >>> here's something you don't see every day. >> that is president obama's chief campaign adviser, david axelrod, getting his mustache shaved, first time in 40 years he's been without his mustache. he offered to shave if he could raise $1 million for epilepsy research. he reached his goal thanks to president obama and donald trump. so here is the before and the after. what do you think? and finally this. >> three, two, one! ♪ >> the first family flipped the switch to light up the national christmas tree. 20,000 people showed up. >>> and if you read only one thing this morning, for weeks i have been looking at magazines and newspapers and blogs about lists of what you should get people for christmas. well, finally, i have found the perfect set of suggestions. they come from a friend of this show, nick kristoff and his column in the new york times. and this column will make you feel good about christmas and giving. check it out at facebook.com/jansingco. hat drive eco-friendly race tracks, batteries that power tomorrow's cars, nearly indestructible laptops, and the sustainable smar
. >>> here's something you don't see every day. >> that is president obama's chief campaign adviser, david axelrod, getting his mustache shaved, first time in 40 years he's been without his mustache. he offered to shave if he could raise $1 million for epilepsy research. he reached his goal thanks to president obama and donald trump. so here is the before and the after. what do you think? and finally this. >> three, two, one! ♪ >> the first family flipped the switch...
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but last week he had lunch with president obama at the white house. it's been more than a month now since super storm sandy unleashed a surge of water that destroyed neighborhoods upon neighborhoods along the east coast. all these weeks later we are feeling the effects of the storm. how sandy really flattened the economy. and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year. plus the new plan to save a small town doctor from extension. --ti extinction. that is a cust. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. humans -- sometis life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to you
but last week he had lunch with president obama at the white house. it's been more than a month now since super storm sandy unleashed a surge of water that destroyed neighborhoods upon neighborhoods along the east coast. all these weeks later we are feeling the effects of the storm. how sandy really flattened the economy. and what did america's children do to deserve this? fox reports on a program that will require students in several states to spend hundreds more hours in school each year....
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the royal couple's office says kate will head to kensington palace she is less than 12 weeks pregnant. the couple is expecting their first child. >>> back on this side of the pond, also new, president obama will visit the home of a middle class family today to make his case for avoiding the fiscal cliff, a northern virginia couple to highlight his push for extending current tax rates for everyone but the top 2%. new associated press poll shows there is clear support for mr. obama's plan in the poll 48% want the tax cuts on incomes exceeding quarter million dollars a year to expire in january while continuing them for everyone else. 32% want to renew the tax cuts for everyone. findings seem to strengthen the president's hand in his negotiations >> recall alert for parents from 7 on your side. government is taking action against makers of nap nanny, a portable baby recliner, after five infanned -- five infant deaths. the nap nanny poses risk of injury and death to infants. the commission says it is a dangerous product with a faulty sign. coming up on "good morning america" at 7:00, why
the royal couple's office says kate will head to kensington palace she is less than 12 weeks pregnant. the couple is expecting their first child. >>> back on this side of the pond, also new, president obama will visit the home of a middle class family today to make his case for avoiding the fiscal cliff, a northern virginia couple to highlight his push for extending current tax rates for everyone but the top 2%. new associated press poll shows there is clear support for mr. obama's...
WHUT (Howard University Television)
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Dec 9, 2012
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this week we have heard many warnings against using them. it appears that some have been moved and the more worrisome concern is that some may have been mixed into a form that you could use for actually dropping them as a weapon. we do not know quite how urgent that problem is and there have been conflicting reports on that, but you have not heard president obama repeat the warning against using them. i think, in part, that is because they do not have a lot of leverage for getting in around those sites. they depend on circuits. surrogates. >> the think the u.s. is urging each of's leaders to delay a vote -- egypt's leaders to delay a vote? >> he put forward to the people of this constitutional change which would seem quite strong. the irony is that president obama, having contributed to pushing mubarak out, is now facing the same problem with dealing with the man himself, which is what do you do when you desperately need an allied who was useful during the conversations with the moss a few weeks ago, but who is advocating a fair bit -- advoc
this week we have heard many warnings against using them. it appears that some have been moved and the more worrisome concern is that some may have been mixed into a form that you could use for actually dropping them as a weapon. we do not know quite how urgent that problem is and there have been conflicting reports on that, but you have not heard president obama repeat the warning against using them. i think, in part, that is because they do not have a lot of leverage for getting in around...
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behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues we're putting on
behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues...
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they got a vote of confidence at a cabinet meeting this past week. >> susan rice is extraordinary. couldn't be prouder of the job she's done. >> she appears to be the top candidate to replace hillary clintons a secretary of state. but could gop opposition change that. joining me is adam shif who said it's unfair to go after rice for information given to her by the cia. so your take on her chance of being approved by the senate. is this worth it to the president? >> i think she would be an extraordinary secretary of state. he ought to go forward and nominate her. it wouldn't be a slam dunk, but she's a strong candidate and would be confirmed. and when you look at the criticism of her, it's so completely unjustified. no one is critiquing her job as ambassador where she organized the sanctions on iran. where she went after and depose moammar gadhafi. she's had a phenomenal record and the only criticism of her is she replied on talking points provided by the intelligence community. that seems to me unfair when the director of the cia and intelligence -- to criticize her for that seems
they got a vote of confidence at a cabinet meeting this past week. >> susan rice is extraordinary. couldn't be prouder of the job she's done. >> she appears to be the top candidate to replace hillary clintons a secretary of state. but could gop opposition change that. joining me is adam shif who said it's unfair to go after rice for information given to her by the cia. so your take on her chance of being approved by the senate. is this worth it to the president? >> i think she...
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. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>> and it's unseasonably warm outside. but we have not seen any sunshine today. bob is updating your first warning forecast coming up. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. you, hang up first. no, you!! [ female announcer ] after school, get to pizza pleasin' faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've g
. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>>...
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well, this week president obama put syrian leader bashar al assad on notice specifically about the use of chemical weapons, and now we know why. pentagon sources tell nbc news syria is preparing chemical weapons for their possible use against the syrian people in the form of aerial bombs. >> reporter: as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned increasingly desperate. u.s. officials tell nbc news the syrian military has now loaded the precursor chemicals for seron nerve gas into aerial bombs that could be dropped from dozens of syrian fighter bombers. this week u.s. intelligence detected a flurry of activity at chemical weapons site, like this one near homs. while u.s. officials confirmed the precursor chemicals are loaded and they must be mixed together to get the sarin gas. president obama and hillary clinton issued strong warning to syria's president bashar al assad. >> it's the point of no return. they're going to lose any sort of backing they had in terms of the chinese and russians. it's a suicide mission. >> reporter: t
well, this week president obama put syrian leader bashar al assad on notice specifically about the use of chemical weapons, and now we know why. pentagon sources tell nbc news syria is preparing chemical weapons for their possible use against the syrian people in the form of aerial bombs. >> reporter: as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned increasingly desperate. u.s. officials tell nbc news the syrian military has now...
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new york's governor did the same earlier this week. they said the president is committed to helping. >> he knows that our work is not done any more than the work in the states is done. >> reporter: president obama is expected to ask congress for about $50 billion in storm relief. new york, new jersey and connecticut say they need $83 billion. the deans say they would be grateful for a straight answer. >> what should the federal government do? >> cut through the red tape. and get people in line with what they're doing. with congress in the midst of intense budget talks, communities like this know, they may have to fight for every dollar. randall pinkston, wjz eyewitness news. >> and for now, seaside heights residents can only visit during daylight. but the mayor hopes they can start moving back by the end of january. >>> howard county police charge an aide with inappropriately touching three girls. the alleged assaults occur between 2009 and 2010 at columbia. clarence mills is facing three counts of sexual abuse of a minor. the girls, n
new york's governor did the same earlier this week. they said the president is committed to helping. >> he knows that our work is not done any more than the work in the states is done. >> reporter: president obama is expected to ask congress for about $50 billion in storm relief. new york, new jersey and connecticut say they need $83 billion. the deans say they would be grateful for a straight answer. >> what should the federal government do? >> cut through the red tape....
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president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand th
president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to...
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we'll stay dry to the middle of next week. back to you. >> thank you. a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but
we'll stay dry to the middle of next week. back to you. >> thank you. a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had...
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in screwed news the city of detroit is asking president obama for some help this week detroit city councilwoman joanne watson called for a financial lifeline from the white house to assist her cash strapped city odds are good the seventy five percent of wayne county voters supported the president in his re-election bid and that in return the president should help detroit take a look. if you know what a lovely place of quality it relates to this president you have the us to be clear who you want to exercise leadership on that it was not just that but one. testament of the detroit may run out of money by the end of the year so far the white house has put forward no plans to bail it out many cities across america have been devastated by three decades of reaganomics and so-called free trade deals that have wiped out local manufacturing cities receive the final death blow in two thousand and seven when wall street crashed our economy and there's a long history of the federal government bailing out broke cities republican president gerry ford for example loaned to new york city two billion dollars on
in screwed news the city of detroit is asking president obama for some help this week detroit city councilwoman joanne watson called for a financial lifeline from the white house to assist her cash strapped city odds are good the seventy five percent of wayne county voters supported the president in his re-election bid and that in return the president should help detroit take a look. if you know what a lovely place of quality it relates to this president you have the us to be clear who you want...
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Dec 10, 2012
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but before this guy was a global sensation, it turns out -- and it surfaced last week -- that he made news with very angry, very anti-american rants about, quote, killing the yankees in response to the war in iraq and another issue. we will debate whether the president might want to take back that handshake and whether the singer's apology makes up for what he said in the past. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. megyn: fox news alert on a critical hearing in what was a global scandal. former imf president dominique strauss-kahn was accused of sexually assaulting a maid in a new york cit
but before this guy was a global sensation, it turns out -- and it surfaced last week -- that he made news with very angry, very anti-american rants about, quote, killing the yankees in response to the war in iraq and another issue. we will debate whether the president might want to take back that handshake and whether the singer's apology makes up for what he said in the past. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core...
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Dec 8, 2012
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bob woodward actually gave a video interview to political this week and said who is barack obama and what drives him? it's not a big mystery at this point. >> the media seem to have no problems supporting the idea of putting higher taxes on higher wage earningers in this country and take a look at this from the california teachers union. >> and ordinary people wondered why rich people needed so much money, the 1% said, don't worry, this is good for you, too. because it will trickle down from us to you. and some day, you'll be rich and then the rules we made for us will be your rules, too. >> and that's ed asner, the actor, voicing that production. what's been the media reaction, jim? >> not much. part of it is i'd be hard pressed on a family channel to describe what we just saw there. you have to look, rewind it and look closely and aear to be urinating on ordinary americans which is kind of gross. >> jon: the rich on the poor. >> and if rush limbaugh put that video on his channel, there would have been more explosion. >> jon: this from the teachers union from the most populous state
bob woodward actually gave a video interview to political this week and said who is barack obama and what drives him? it's not a big mystery at this point. >> the media seem to have no problems supporting the idea of putting higher taxes on higher wage earningers in this country and take a look at this from the california teachers union. >> and ordinary people wondered why rich people needed so much money, the 1% said, don't worry, this is good for you, too. because it will trickle...
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Dec 6, 2012
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now, earlier this week president obama issued a very stern warning to assad that if, in fact, he used chemical weapons on his own people, he would be held accountable. now we're going to continue to follow the breaking developments out of the region, but first tonight, urgent developments on the fiscal cliff show down. tim guy ne geithner announced of of the white house that we would, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthy. >> all right. it appears the very definition of the american dream is now being rewritten by president barack obama. now, today our commander-in-chief publicly said he's not going to play games with the fiscal cliff, but that is just not reality. right
now, earlier this week president obama issued a very stern warning to assad that if, in fact, he used chemical weapons on his own people, he would be held accountable. now we're going to continue to follow the breaking developments out of the region, but first tonight, urgent developments on the fiscal cliff show down. tim guy ne geithner announced of of the white house that we would, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes...
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Dec 4, 2012
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we have to insist, yes we can. >> that was in 2009 just weeks after he was inaugurated. the following year in 2010, president obama convened the first nuclear security summit in washington. more than 40 heads of state got together to discuss among other things how to best safeguard the nuclear material that already exists around the world. that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the world safe not just from nuclear weapons, but nuclear material falling into the wrong hands. it's still this underappreciate ed it thing about what is important to him. and also how long it's been important to him. today president obama underscored how seriously he's taken this issue from the beginning of his career in a speech praising
we have to insist, yes we can. >> that was in 2009 just weeks after he was inaugurated. the following year in 2010, president obama convened the first nuclear security summit in washington. more than 40 heads of state got together to discuss among other things how to best safeguard the nuclear material that already exists around the world. that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in...
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she was among the obama campaign's biggest fundraisers. >>> just weeks after winning re-election to her ninth term, missouri congress wam jwoman jo emerson is going to resign. >>> four other house republicans have been booted from committees they serve on. a gop leadership aide says they were out offed by the republican conference because "not team players." >>> it certainly wasn't the most high profile kennedy wedding, but joe kennedy iii is now a married man. the grandson of robert f. kennedy tied the not saturday in california. >>> things may be tense between senator mccain and john kerry but they were able to liten the mood as mccain joked by kerry's nomination to an obama cabinet. >> thank you very much, mr. secretary. >> you didn't hear the joke. he called him mr. secretary. it didn't take long for kerry to give as good as he got. >> tnk you very much mr. president. this is what happens when you get too losers. >> you don't see that very often. that's your morning ditch of "scrambled politics." >> along with continuing worry about the fiscal cliff, stocks fell monday after disappo
she was among the obama campaign's biggest fundraisers. >>> just weeks after winning re-election to her ninth term, missouri congress wam jwoman jo emerson is going to resign. >>> four other house republicans have been booted from committees they serve on. a gop leadership aide says they were out offed by the republican conference because "not team players." >>> it certainly wasn't the most high profile kennedy wedding, but joe kennedy iii is now a married...
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soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of the way and deal talking can go on. the brinksmanship is political theater and necessary in the process. chris: both pretend they're willing to go over? >> to both show resistance and then incrementally get towards -- chris: you covered the greek situation and watched the hell that went on over there. give me a picture of that and where we're headed if we don't deal in the short run with the debt problem and the cliff and later on, what do we face in this country? >> greece is a perfect example when you continue to borrow from the future, which is what we're doing right now. so if you don't deal wi
soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of...
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. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >> reporter: almost no one on wall street saw this good news coming. there was every reason to think hiring would be weak last month. after all, many parts of the east coast are still recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next year, why ar
. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >>...
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this follows a week when all the key averages posted gains. ashley morrison of cbsmoneywatch.com has the latest on monday in new york. good morning. >> reporter: good morning, frank and michelle. well, asian markets were mostly high they are morning on improved manufacturing data from china. tokyo's nikkei edged up a fraction to a seven month closing high while hong kong's hang seng lost a percent. >>> on wall street there was little movement as investors were cautious with all eyes on the "fiscal cliff." the dow rose 3, nasdaq down 2. >>> so far there's no resolution of the strike by clerical work at the ports of los angeles and long beach. the strike enters its 7th day today dramatically slowing traffic at the nation's busiest cargo complex. dock workers refuse to cross the picket lines. the clerical workers say management has been outsourcing their work. >>> and delta airlines is looking to buy a 49% stake in virgin atlantic airlines. now owned by singapore airlines. some 51% of virgin atlantic is owned by richard branson. virgin is the sec
this follows a week when all the key averages posted gains. ashley morrison of cbsmoneywatch.com has the latest on monday in new york. good morning. >> reporter: good morning, frank and michelle. well, asian markets were mostly high they are morning on improved manufacturing data from china. tokyo's nikkei edged up a fraction to a seven month closing high while hong kong's hang seng lost a percent. >>> on wall street there was little movement as investors were cautious with all...
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it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way t
it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but...
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. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of balance. >> reporter: some in his own party are lining up against him. jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are ready to play the blame game in case negotiations fail. >> there's only one person out of 370 million americans who can sign something into law and that's the president. >> 60% of americans are asking the wealthy to pay more. >> reporter: a "the washington post" poll say 53% of americans will blame republicans and 29% would hold the president responsible if the nation goes over the fi
. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of balance. >> reporter: some in his own party are lining up against him. jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but...